The Global E-Learning market is anticipated to exceed USD 400 billion 2027 – Ken Research

 Buy Now

Competition Scenario in Global E-Learning Market

In Global E-learning Market there are several players operating in the market, and top players account for a substantial share in the market in terms of revenue. The e-learning market is highly fragmented in nature. The major parameters on which these players complete includes course type, deployment model, Innovation and platform used. Key players in e-earning include Aptara, Inc, Adobe Systems Inc, Cornerstone, Citrix Education, Coursera, Meridian Knowledge Solutions, Microsoft Corporation etc.

What is the Expected Future Outlook for the Overall Global E-Learning Market?

The Global E-Learning market was valued at USD 300 billion in 2022 and is anticipated to exceed USD 400 billion 2027, witnessing a robust CAGR during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

To Know More about this report, download a Free Sample Report

The Global E-Learning market is driven by demand for internet-enabled devices like IOT (Internet of things), growing need for strong workforce skills and significant demand for individual-focused learning experiences. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Government has ambitious plans to use digital technologies extensively to strengthen its services, processes, and decision making, as well as its ability to share data with constituents. There is specific emphasis on improving the individual organizational capabilities of Government entities by aligning their digital strategies with the national Digital Government Strategy 2022, strengthening development and analytical platforms while deploying robust cyber security measures and controls which will led to increase employment in the digital sector, thus fueling the inflow of workers in the country.

With the e-learning market gaining momentum, there is a need for continuous innovation for vendors to differentiate their products and drive service adoption among a more comprehensive section of end-users. AI and cognitive learning technologies have started to play a decisive role and are poised to be game-changers in several learning avenues.

Visit This link Request for Custom Report

During the forecast period of 2022-2027, it is anticipated that the global e-learning market will grow at a massive CAGR by 2027. Major players account for a considerable percentage of online sales in the e-learning space and they actively participate in partnerships and product innovations to gain more market share in future. E-learning sales are continuing to rise in the Asia-Pacific region. New markets are forming, and established markets have the potential to grow even more in the forecasted period.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• E-Learning Companies
• LMS Platforms
• Language Learning Platforms
• Institutes/Colleges
• Schools
• Investors
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report

• Historical Year: 2017-2022
• Base Year: 2022
• Forecast Period: 2022– 2027

For more insights on the market intelligence, refer to the link below:-

Global E-learning Market

Global E-Learning Market Is Growing At A Double Digit CAGR In 2017-2022 And Is Expected To Reach USD 400 Bn By 2027 – Ken Research

 Buy Now

What is the Size of Global E-Learning Industry?

The Global E-Learning Market is largely driven by demand for internet-enabled devices like IOT (Internet of things), growing need for strong workforce skills and significant demand for individual-focused learning experiences.

Global E-learning Market is at a growing stage. It is a fragmented market with the presence of many e-learning companies. The e-learning market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized learning platform.

Few major global e-learning players are Aptara, Inc, Adobe Systems Inc, Cornerstone, Citrix Education, Meridian Knowledge Solutions, Microsoft Corporation etc. The highest growth is expected from the majorly populated APAC region. The high growth rate can be attributed to many middle-income groups in developing countries like India, a preferred market for vendors.

An increase in internet and smartphone penetration is the fundamental driver of e-learning market growth. The cloud segment is leading the industry globally and is expected to register the fastest CAGR over the foreseen period.

To Know More about this report, download a Free Sample Report

Global E-Learning Market By Provider

The Global E-Learning market is segmented by Provider into Service Provider and Content Provider. Service Providers were the most dominant form of provider used in Global E-Learning market in 2022.

Global E-Learning Market by Course

The Global E-Learning market is segmented by Course into Primary and Secondary Education, Higher Education, Online Certification and Professional Course and Test Preparation. Primary and Secondary Education was the most preferred form of course in 2022 in Global E-Learning market.

Global E-Learning Market by Deployment Model

The Global E-Learning market is segmented by Deployment Model into On-premise and Cloud. Cloud was the most dominant in 2022.

Visit This link:- Request for Custom Report

Global E-Learning Market by End User

The Global E-Learning market is segmented by End User into Academic, Corporate and Government. Academic held the major market share in Global E-Learning market in 2022.

Global E-Learning Market By Region

The Global E-Learning market is segmented by Region into North America, Europe, Asia-Pacific and LAMEA. North America held the majority of the share in the Global E-Learning market in 2022.

For more insights on the market intelligence, refer to the link below:-

Global E-learning Market

Follow Us

Facebook | Twitter | LinkedIn | Instagram

The Global E-learning Industry Crossed the mark of $ 300 Bn in 2022- Will this trend continue in future? Ken Research

 Buy Now

The e-learning industry is driven by demand for internet-enabled devices like IOT (Internet of things), growing need for strong workforce skills and significant demand for individual-focused learning experiences.

1. Growing Demand for Continuous Product Innovation in the E-learning market

To Know More about this report, download a Free Sample Report

With the e-learning market gaining momentum, there is a need for continuous innovation for vendors to differentiate their products and drive service adoption among a more comprehensive section of end-users. AI and cognitive learning technologies have started to play a decisive role and are poised to be game-changers in several learning avenues. To stay relevant and updated, learning providers are forced to adopt these emerging technologies to extend the lifecycle of their existing products and make the best out of customer lifetime values.

2. Impact of Covid 19 on the global e-learning market

The education of over 1.2 billion children worldwide got adversely affected by the pandemic, and hence there was a sudden shift in the way education was delivered after that.

Even before COVID-19, education technology was seeing rapid expansion and adoption, with worldwide edtech investments crossing USD 18 billion in 2019 and the online education market crossing over USD 350 billion by 2025. After witnessing the abrupt shift from the classroom in many parts of the world, there are high chances of online learning popularity to continue post-pandemic. Such a shift is expected to affect the global education industry.

3. Inadequate internet bandwidth in developing countries is a major challenge to be addressed

Visit This link:- Request for Custom Report

E-learning is tried to be simplified as much as possible; there are a few essential prerequisites that are must-haves, such as a decent internet connection and at least a smartphone to use as a medium to access online content, which is not so easy for the people belonging to specific sections of the society especially those belonging to developing countries such as India and underdeveloped countries like Africa. In Sri Lanka, the government initiated providing common lectures on Math, Science, and other subjects through the TV for those who did not have access to smartphones or the internet. Around the globe, 74% of people with low economic vulnerability have access to Internet, 46% of people with moderate economic vulnerability have access to Internet whereas only 24% of people with high economic vulnerability have access to Internet.

For more insights on the market intelligence, refer to the link below:-

Global E-learning Market

Follow Us

Facebook | Twitter | LinkedIn | Instagram